The Chemours Co.

History

YearDetail
2015 The company was founded as a spin-off from DuPont. It focuses on chemistry and advanced materials, producing various products, including titanium dioxide, fluoro products, and chemical solutions.
2016 Lanxess acquired the Clean and Disinfect business, which was part of the company's Chemical Solutions segment, for approximately $230 million in cash.
2016 Veolia North America acquired the company's Sulfur Products business on July 29, 2016, for approximately $325 million in cash.
2018 The National Hockey League (NHL) partnered with The Chemours Company to provide Opteon with sustainable refrigerant solutions for rinks across North America.
2019 The Chemours Company partnered with UniEnergy Technology LLC, a redox flow battery (RFB) manufacturer headquartered in Mukilteo, Washington, to address the renewable energy storage challenge.
2019 The company established a new production facility near Corpus Christi in Ingleside, Texas, for its Opteon product, a hydrofluoric olefin (HFO)- based refrigerant used in millions of vehicles and thousands of retail stores around the world.
2019 The company acquired Southern Ionics Minerals, LLC (SIM), a mineral exploration, mining, and manufacturing company headquartered in Jacksonville, Florida, to source ore internally, nearly doubling the company's existing mineral sands mine capacity.
2021 Draslovka Holding A.S., a Czech-based private company specializing in cyanide production, acquired the company's mining solutions business for $520 million in cash.
2022 The company partnered with North Carolina Agricultural and Technical State University (N.C. A&T), a Carnegie-classified science, technology, engineering, and mathematics (STEM) dominant institution, to advance chemistry and chemical engineering education and student opportunities.
2022 The company jointly ventured with BWT FUMATECH Mobility GmbH, an established player in multiple hydrogen markets. They focused on membrane manufacturing in fuel cell technology to enable the capacity and innovation required by the transportation fuel cell market.
2022 The company collaborated with Bohn de Mexico, a commercial and industrial refrigeration equipment technology and manufacturing company. As part of the alliance, Bohn de Mexico adopted the non-ozone depleting (ODP) and low global warming potential (GWP) refrigerants, Opteon XL20 (R-454 C), Opteon XL40 (R-454A), and Opteon XL10 (R-1234yf) for its line of BOHN Ecoflex condensing units.
2023 The company collaborated with TC Energy, a reliable company for developing and operating North American energy infrastructure, on developing two clean hydrogen production facilities in West Virginia.
2023 PureTech Scientific Inc., founded and backed by Iron Path Capital, a private equity firm focused on lower-middle market investments across the specialty industrial and healthcare sectors, acquired The Chemours Company's Glycolic Acid business for $137 million in cash.
2023  The U.S. Department of Energy (DOE), under the Bipartisan Infrastructure Law, selected two of Chemours' applications for grants totaling $60 million to support the continued advancement of the global hydrogen economy.